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Pan American Silver Corp T.PAAS

Alternate Symbol(s):  PAAS

Pan American Silver Corp. is a Canada-based producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. The Company is engaged in silver and gold mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation. The Company also owns the Escobal mine in Guatemala that is currently not operating. In addition, the Company is exploring new silver and gold deposits and opportunities throughout the Americas. Its segments include Silver, Gold and Other. Its Silver Segment includes La Colorada, Cerro Moro, Escobal, Huaron and San Vicente. Its Gold segment includes Dolores, Shahuindo, Timmins, Jacobina, El Penon and Minera Florida. Its Other segment includes Pas Corp, Yamana Corp and other.


TSX:PAAS - Post by User

Bullboard Posts
Post by Wellandon Jan 29, 2020 11:23pm
220 Views
Post# 30617538

Silver price will rise because of Coronavirus

Silver price will rise because of CoronavirusWe should expect a slowdown in the economic activies of China because of this virus. This will lower the demand of China for base metal (copper, zinc, lead,,)

By lowering the demand of base metals of the largest buyer in the world, we should also see a lowering of supply of SILVER (60% of silver production comes as a bi-product of base metals.)

PAAS and other SILVER PRODUCERS  are a now a SCREAMING BUY :)
Bullboard Posts